World's 20 richest $70bn poorer, India has 84 billionaires: Forbes

Tue, Mar 01, 2016, 09:37 PM

New York, March 1: More than $70 billion has been wiped off the wealth of the world’s 20 richest people following a slump on global financial markets, according to Forbes' latest annual ranking of billionaires. India has the fourth largest number of billionaires - 84.

The combined wealth of the top 20 fell from $899 billion last year to $827 billion, The Guardian reported on Tuesday. The Forbes report also showed that the number of billionaires dropped from a record 1,826 in 2015 to 1,810.